Oracle founder Larry Ellison says its 'embarrassing' for Amazon that it relies so heavily on Oracle's technology (ORCL, AMZN) - Creak News

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Oracle founder Larry Ellison says its 'embarrassing' for Amazon that it relies so heavily on Oracle's technology (ORCL, AMZN)

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  • Oracle founder Larry Ellison said "it's kind of embarrassing" for Amazon that it uses Oracle's databases to power its own business — especially considering Amazon offers its own databases that compete with Oracle's. 
  • Ellison was responding to a report from last week that Amazon intends to get off of Oracle's products completely by 2020. 
  • While Amazon is a customer of Oracle's, they are also bitter competitors, thanks to the success of Amazon Web Services.

Oracle founder and chief technology officer Larry Ellison went on stage Tuesday to announce a new database feature. But it wasn't long before Ellison did what he seems to love doing at big events: roasting Amazon.

Last week, CNBC reported that Amazon plans to end its internal reliance on Oracle technology, which underlies some parts of its business. It's notable, because Amazon's market-leading Amazon Web Services cloud has been attacking Oracle's core database business for the last few years. 

See the rest of the story at Business Insider

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SEE ALSO: Amazon reportedly plans to end its reliance on Oracle — but Oracle says Amazon bought $60 million of its tech just a year ago



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